v3.26.3
Accrued Expenses and Other Liabilities
 9 Months Ended
Aug. 31, 2026
Payables and Accruals [Abstract]  
Accrued Expenses and Other Liabilities Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consisted of the following (in thousands):
August 31,
2026		November 30,
2025
Self-insurance and other legal liabilities$312,782 $290,107 
Employee compensation and related benefits131,236 157,170 
Warranty liability101,810 101,245 
Inventory-related obligations (a)40,170 48,243 
Lease liabilities30,957 19,775 
Customer deposits29,689 28,033 
Accrued interest payable19,170 29,219 
Real estate and business taxes18,255 13,612 
Other52,885 44,542 
Total$736,954 $731,946 
(a)Represents liabilities for financing arrangements discussed in Note 8 – Variable Interest Entities, as well as liabilities for fixed or determinable amounts associated with tax increment financing entity (“TIFE”) assessments. As homes are delivered, our obligation to pay the remaining TIFE assessments associated with each underlying lot is transferred to the homebuyer. As such, these assessment obligations will be paid by us only to the extent we do not deliver homes on applicable lots before the related TIFE obligations mature.